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Businesses in all regions and nations of the UK have benefitted from billions of pounds in government-backed loans, according to new figures released today, 18 January.
First published during the 2019 to 2022 Johnson Conservative government
Businesses were supported through the pandemic with nearly £80 billion of emergency government-backed loans, final figures published by HM Treasury today (6 July) reveal.
3 restaurateurs have been banned from running businesses for a total of 26 years after abusing £150,000 worth of government-backed loans.
Government-backed finance helped thousands of businesses through the pandemic with a loan issued through the Bounce Back Loan scheme roughly every 20 seconds since its launch last May, new figures reveal today, 25 March 2021.
Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans, the government announced today (8 February).
The CMA has stopped Lloyds Banking Group forcing small business customers to open business current accounts when taking out Bounce Back Loans.
Brits will be able to get cashback from shops without needing to buy anything under new proposals to protect the UK’s cash system announced today (15 October 2020).
Directors of Southsea online clothing business and Lewisham convenience store removed from corporate arena after receiving Bounce Back Loans not entitled to.
The CMA has stopped Clydesdale Bank from forcing small business customers to open a business current account with it to get a COVID-19 Bounce Back Loan.
Director of haulage company fraudulently applied for a £50,000 Bounce Back Loan and then applied to dissolve the company.
More small businesses can benefit from loans under CBILS.
Car dealer, IT consultant, and building contractor separately abused almost £120,000 of the government-backed covid support loans between them.
The Government has extended a vital support scheme offering Government-backed loans to small businesses for a further two years
Director banned for 9 years and three further directors receive extended bankruptcy restrictions for misusing COVID-19 financial relief schemes.
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